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CNBC 26
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CNBC
Sep 25, 2012 9:00pm EDT
intelligence want? >> for example, what president obama thinks right now. >> they want to know what president obama thinks. >> yes. >> that and more, when 60 minutes on cnbc returns. [ticking] now, that's what i call a test drive. silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are,
CNBC
Sep 26, 2012 12:00am EDT
president obama thinks right now. >> they want to know what president obama thinks. >> yes. >> that and more, when 60 minutes on cnbc returns. [ticking] [ male announcer ] when a major hospital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from
CNBC
Oct 1, 2012 7:00pm EDT
policy. >> you realize this year's worse than last year, right? >> i know you're an obama insider. >> no, i'm an outsider. >> does president obama understand the federal reserve? the reason i ask is does he know what bernanke's doing? the reason i ask this is that most people only recognize a third to a half of the intelligence reports. >> he's too good for that. most people have reported that he's only gotten and he got it online through his ipad. do you think he understands, do you really think he understands what's going on in the federal reserve? >> i do. any about the operations of the white house, if i get a little kind of in the weeds with you guys here. >> not too much. >> they have a council of economic advisors, they've got the domestic policy council. is obama really going to be able to articulate a defense on fiscal policy. i haven't heard him give any speech where he seems to be in the weeds on this. >> i thought he was a tough campaign strategist. >> now, look, if he takes my advice, which he won't do. i would talk about the following. i have a bill that all kinds of econom
CNBC
Sep 25, 2012 7:00pm EDT
it remamin me of president obama and the economy. if you can't get it right it is time to get out. >> the nfl does not want to support a pension and it wants to increase competition among the referees to perform better. these are classic labor issues in 2012. >> let's get to tonight's very special guest here now is hall-of-fame quarterback fran tarkenton. he took his team to the 73, 74 and 76 super bowls but you also played for the new york giants. i'm a fan. wonderful to see you fran, we know what the problem is, in your judgement, what is the solution? >> it is a terrible problem. they made a terrible mistake but they blew two pass interference calls against green bay that never should have happened. they should have changed the play. we play 16 games in a year. you play 162 baseball games. a loss is a devastating thing. the nfl messed up in betting and getting the right referees. there are plenty of referees to do this. what the referees are doing, they shouldn't be doing that. because, they want to keep the plan. corporations cannot do that anymore. the only people that can do that, they
CNBC
Sep 27, 2012 7:00pm EDT
obama to decisively talk about the military option. do i have that right? >> absolutely. what i want is a black and white clear statement from the president to the people and the leaders of iran why are you undergoing sanctions. we're not going to let you develop a nuclear bomb. we're not going to tell you when, but we're telling you under no circumstances are we going to allow you to have a nuclear bomb. and if it comes to it, we will use the military option. now, the president's come close to saying that. he has said we'll do what we have to do. no option is off the table. we're using prevention, not containment, but i wish he would speak a little bit more clearly and stop some of his subordinates. after all, vice president biden condemned mitt rochl any for are you saying we should be readied to go to war? yes, we should be ready to go to war with iran and if we're ready to go to war with iran and iran knows it, we won't have to go to war with iran. >> and general clark, welcome back. he also writes that president obama has called the concerns over iran noise, quote/unquote, and t
CNBC
Oct 2, 2012 7:00pm EDT
right now. obama doesn't care. i think he is coming out looking very bad, larry. >> i want to get a quick take before we bring the members in here. to me, this guy is a cheap shot artist. he may be representing obama you wants a cheap shot to go after the banks and where are the kudos for jp morgan that did this and put this together at a time when everything was unravel elling. >> the federal government was under pressure for the euro europeons. andrew cuomo preceded snyder man and declined to use the act. this is the same evidence that he looked over and said i'm not going ahead with this and there are cases and -- let me get this straight. he decided the evidence wasn't there. snyder man looked at it and he is playing cheap politics. >> that is your opinion. >> he has become a good governor of new york and said no go. and this guy says no go and we are on the eve of an election and jp morgan did the lord's work. somebody had to stock the hemorrhaging. >> there is fraud here. no question about it. who is responsible? i don't know. >> why sue them? >> that is where the money is f
CNBC
Sep 26, 2012 7:00pm EDT
, but in all of the major swing states president obama's got a lead right now. mitt romney's got to find a way to turn that around, turn it around in the debates, and maybe the tax cut issue that you're talking about will be one tool in that arsenal. back to you, larry. >> many thanks to john harwood. now for some reason on the trail today, mitt romney said he's going to dial back on taxes. >> individual income taxes are the ones i want to reform, make them simpler, bring the rates down. by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. >> all right. i don't get any of that. i'm not sure what his message was. let me say this. household incomes are down over 8%, another 1% in august alone reported this morning. the labor force, shrinking, poverty way up, president obama himself offers no middle class tax cuts, he just wants to extend them, not new ones. there's no answers to this. it's mitt romney who has got to stay on the pro-growth message, take-home pay. take-home pay. i talked about it the last couple of nights, wrote a column on
CNBC
Sep 26, 2012 1:00pm EDT
hurting right now. >> of course president obama is one of the people responsible for the bad numbers for mitt romney because he's been pushing the message that mitt romney's bane capital experience makes him ill suited to care for regular people. president obama is at bowling green university. he'll be at kent state later trying to cement his advantage in that critical state. >> i know you will keep watching for us. despite fears about the economy, once we get past the presidential election it might be a good holiday shopping season. courtney reagan will have the latest on the numbers after the break. plus, good news for the auto industry. a key group of consumers coming back into the car market in a big way. the exclusive data is still ahead today on "power lunch." >> announcer: hey, follow us on twitter. @powerlunch. get breaking uh n ining news. find out what's coming up and everything else you need to know. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay alive... but feel alive. the new c
CNBC
Sep 28, 2012 7:00pm EDT
't that right? >> thank you, larry. a dramatic, unusual announcement from the obama administration involving a chinese wind farm facility in oregon that just happens to be right next to a sensitive united states military base. i will have all of the details when "the kudlow report" comes back. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ male announcer ] humana understands the value of spending time together that's a lot of work getting that one in! let's go see the birdies. [ male announcer ] one on one, sharing what you know. let's do it grandpa. that's why humana agents will sit down with you, to listen and understand what's important to you. it's how we help you choose the right humana medicare plan for you. because
CNBC
Sep 25, 2012 6:00am EDT
's 100% right on that. and obama thinks it's terrible that you talk that way. china's just eating our lunch. >> we have two more jobs reports. i don't know how those come out. supposedly you you can't make assumptions that would make things look better. i have seen the participation rate going down and down and down. if you added back all the people that have left the workforce because they're retiring, baby boomer, if you add them back in, we're at over 11%. so we've got that on the economy. and now we've got suddenly the middle east and foreign policy, that used to be something that the left thought they could count on being a strong point and i'm wondering whether there's some question now whether that becomes a liability. >> joe, the real unemployment number is over 17%. when you add back the tremendous numbers of people that gave up looking for jobs and all of the other things they do to manipulate them, you're not talking about 8.2%. you're you can taking about the real number being over 17%. and i don't think there's even a little bit of a question. if you look at what's happen
CNBC
Oct 1, 2012 4:00am EDT
trade and they have fallen sharply after the banks announced a 2.5 billion euro rights issue. president obama continues to maintain his lead over mitt romney with two days before their first debate and 35 days before the election. new poll shows 49% of likely voters favoring the president versus 47% for romney. amongst all registered voter, obama holds a 5 point lead. but 52% of likely voters across key swing states favor the president. you'll be able to get full coverage of wedding who's presidential debate right here on cnbc, it starts at 8:00 p.m. eastern. a july says the rules set to go into effect october 12th won't properly justified by the cftc, the rules would cap the size of positions trading firms can take in certain commodity contracts and expand restrictions to swaps trade. meanwhile nokia has another big customer. the "wall street journal" says the company is going to unveil a deal with oracle take. the company's oracle world conference in san francisco. nokia's recently signed deals as well with groupon and amazon which dropped google maps. shares up marginally this mornin
CNBC
Sep 26, 2012 6:00am EDT
and obama. >> yeah. all right. >> i guess we've got to go. >> you all right? we get to see each other almost every week now. >> it's amazing. you did a great job on kudlow. >> i loved hearing you. and what we have is what this country needs. i don't know why we can't get it, do you? >> yeah, we can work this stuff out if we can sit down and talk instead of sloganeeing all the time. >> well, you forget the 9 million. >> i've got to watch you like a hawk. but anyway, thanks, governor, we appreciate it. >> see you guys later, thanks. >>> coming up, the case for precious metals. where eric sprott is raising investing more than $10 billion. >> rise of the machines. >> it's coming. it's coming. after watching that jeopardy with that ibm, it's coming. california moving one step closer to sky net. at optionsxpress we create easy-to-use, powerful trading tools for all. like our all-in-one trade ticket. we put strategies, chains and positions all on one screen. start trading today with optionsxpress by charles schwab. and those well grounded. for what's around this corner... and the next. there's cash
CNBC
Oct 2, 2012 1:00pm EDT
the banking system was saved. glad president obama followed through and i think the right thing to do but if anything, i think the criticism that has arisen in the a last few years, there probably were too few strings aand, especially after the bone bown us ins started flowing again this is not to pick on jpmorgan chase. i assure you, looking at a wide variety of firms. this conduct was particularly flagrant. there have been other action brought that laid some groundwork that we took advantage of so we weren't wasting taxpayer money by reinventing the wheel, the fhfa brought a major case and the fhfa inspector general is one of our partners in the working group as well as justice, the s.e.c., hud and others. so, we are co-will be a bore writing bring as many actions as we can as quickly as we can, this just happens to be the first. >> attorney general schneiderman, four years now since the depths of the financial crisis thursday is the first gates gait for the president out of the working group for securities fraud is this the pound of flesh, everyone pushing for accountability forth
CNBC
Sep 25, 2012 2:00pm EDT
and 7 1/2% rise for the third quarter that is on its way to a hit. >> all right, mandy, thank you. >>> well, cnbcs aall-america survey was filled with more than just a touch of gray. it was down right confounding. example, the majority of those polled believe president obama will be better for the economy down the road, even though they think it is worse now than it was four years ago. steve liesman, please, explain this discrepancy to us. >> yeah exit is really a paradox or a poll with a paradox in it, cnbc all-america sur acres have 800 americans all across country. get right to the charts, see what i can do to help explain this on the economy, 55%, no questions here about what people think. say things were worse than four years ago, just 27% better. 17 the same. but who do they think would be better for the economy in the next four years? 43 to 34, romney. i will tell you in our last survey that we did in june, pretty much the same sample. we asked a slight variation on the e con question, romney beat obama by six points on the economy. let look at all the different issues we a
CNBC
Oct 1, 2012 6:00am EDT
putting one face there, ben bernanke will stay on if barack obama is reelected. on the right-hand side we see potential romney cabinet selections, glenn hubbard, he's been an economic adviser to both romney's presidential campaigns, last time and again this time, and john taylor at stanford university is also somebody who is mentioned frequently. look at state department as well that's obviously one that is a moving part right now because this interesting tension in washington on the obama side if he's reelected between john kerry who might have done himself some good with his speech at the democratic national convention, and susan rice is somebody who is often mentioned. now, this recent flap over libya and what the united states said or did not say about the situation there might have damaged her prospects a little bit. we'll have to watch that one, on the romney side robert zoellick, former world bank president and richard haass, president of the council of foreign relations mention there had and treasury secretary we talked about some of the names for the obama cabinet starting with t
CNBC
Sep 27, 2012 2:00pm EDT
was this is a problem that's gone on for many, many years. a report in 2007 found this. >> we're not blaming obama. it's not a party thing. get your own house in order, right? >> you're missing my point. >> what is your point? >> my point is that this is a problem that goes back into the 1980s and the 1990s. the obama administration -- i know you're not trying to be political here. the obama administration has put in place a number of procedures to try and fix this. the oig report recognizes that. many of the problems identified in 2007 are, in fact, being implemented, but they haven't been fully implemented. they ought to be. if we're looking for area where is the taxpayers are getting the shaft here, this has been pointed out on this show. you look at the ability to shelter money in places like the caymen islands. taxpayers are losing billions of dollars a year because of these shady taxpayers that the irs can't get information about. >> so it looks like it's nothing new, which is even sadder, really. scott and julian, got to go but thank you so much for joining us. interesting stories. >>> up next,
CNBC
Sep 25, 2012 3:00pm EDT
and likely voters. how about jobs? six to two, worse on jobs. who's better? obama wins. the one place where romney wins is as maria said, on the next one, on the deficit. overwhelmingly, people think the deficit is worse than it was four years ago. they're right. they say romney, only within the margin of error, which is 3.5%, plus or minus on this poll. take a look at the next series of charts. romney wins hands down on who will be better to invest for you. who do you want to coach your favorite team and who would you want to hang out with? about five to two americans pick obama. that may be part of the reason for obama's support here. another fascinating issue here is obama looks to have neutralized what would normally be a republican edge on the issue of taxes. who will increase your taxes? 45% of the public says obama. 42% say romney. you can see the reverse here on income groups. poorer people think that obama will not raise their taxes. they think romney will. the reverse when it comes to wealthier people. this is interesting. one other thing i want to show you is change in racial sup
CNBC
Oct 2, 2012 6:00am EDT
think the re-election of president obama would likely make righting the ship much more difficult. >> four years from now. >> four years from now. we talked about structural in the economy, we're also going to talk about structural within the agencies. eight years of lisa jackson at the epa is something to be really concerned about. eight years of this nlrb, we could be reunionizing the whole country and somebody would write a bill says you can't have right to work. >> say romney wins, how quickly, in your estimation, do things turn around? what happens? what is the shift? to the extent, can you impact any of this? >> that's the caveat i was going to give you. >> i think whoever is elected president in a month from now, they will have to do major, major stuff. obviously you got two different ideologies, and i think if romney were elected, he's going to have to do major stuff, absorb major pain, but hopefully create a base from which the country can grow again. i don't think increasing meld i care is going to increase the growth rate of the country, and create more jobs, as an exam
CNBC
Oct 2, 2012 12:00pm EDT
the most counterintuitive was his long bet on cigna. he said hmos are undervalued right now. people are afraid of them because of obama care, among other things, so they don't want to talk about them. the whole group is trading at a discount. if you actually go through it, cigna is just -- i'm laughing because he just walked by me on the street actually. anyway, cigna is actually better positioned than other stocks. the he cexposure to obama care small so it's well-positioned. i asked him about lulu lemon. he said, listen, focus on what i said at the beginning of the remarks, which is to say the rumors about stock picking goes to the ridiculous. he's amused by the idea that he's a verb, a stock can be einhorned if he comments on it. he said many times there's nothing there, scott. a lot of fact and fiction at times. >> yeah, kate. the mere fact that einhorn is speaking to you is news in and of itself. the man doesn't speak for the media all that often. he does these presentations, but he so often does not stop to speak to folks like you about his picks, right? >> that's right. he do
CNBC
Sep 28, 2012 2:00pm EDT
. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> all right. we've breaking news now. china, energy and national security. president obama has just revoked a chinese-owned company called ralz corporation to divest its interest in wind farms. the president cites unspecified national security risks as the reason for blocking that deal. >>> let's take a little sunshine into the show. the diagnostic testmaker ceo telling our own jim cramer about the advertising promotions of the in-home hiv test and efforts to -- it's the first over-the-counter self-administered test for the virus that causes aids. it was approved by the u.s. health regulators back in july. i remember we did it on our street talk here on "street signs". >> well now for our disaster dus? jour. a company called adtran. broadband company. ethernet switches, routers, et cetera. that stock taking a big hit today. they cut their forecast in a big way. that's about half of what wall street was expected. downgraded to underperform at bank of america-merrill lynch with a target of 15 bucks. so mandy, another 2
CNBC
Sep 27, 2012 6:00am EDT
's done pretty well. so at least it knows what it's getting if obama is reelected. >> nobody seems to be worried about anything in the near term. but the earnings -- fundamentals matter and i believe they will again. i think the earnings -- >> you're arguing you'll be right eventually. >> i hope so. >> is that a good question? >> what keeps me up at night is if the earnings reflect being up and i miss it. that's what i want to get right. >> you look at the late '90s, things trading 40 and 50 times earnings p. >> because the belief of growth was much better. i don't see how with the big fiscal cliff, the base case of a recession in europe, the diesel crating gdp in every major emerging market, how -- >> if you take the cliff out of the equation, what happens? >> i think you could take a chunk of it out. >> a decent chance that it does come out. >> i think a big chunk of it will and i think people believe that. i think that's in the price. but i don't know if it all will be. it really depends on -- >> your gamble is that they kick the can and that you're dealing with this in, what, m
CNBC
Oct 2, 2012 3:00pm EDT
, dick. >> head of janus. all right, heading toward the close here. 18 minutes left. we're coming off the lows, down 48 points on the dow. >> remember when president obama said this -- >> somebody helped to create this unbelievable american system that we have that allowed you to thrive. somebody invested in roads and bridges. if you've got a business, you didn't build that. >> coming up, i'll be speaking to somebody who certainly did build it. his own business into a $100 billion plus business. one of the world's most successful companies, oracle, ceo larry ellison will join me. >> really looking forward to that. first, talking about huge companies. coca-cola's ceo muhtar kent lays out his strategy to keep coke from going flat. stay tuned. >>> welcome back. just want to point out we are seeing a bit of a reverse. some money coming into this market as we head to the close. the dow jones industrial off of the worst levels. app apple, nasdaq, and s&p 500 all showing gains. apple is 20% of the nasdaq 100. the stock has an immediate impact on the averages, which is why, you know, you look
CNBC
Sep 26, 2012 4:00pm EDT
that 69% of those business owners say president obama's regulatory policies have hurt their business. in fact, the poll finds some 67% say there's too much uncertainty in the market to expand, to grow or to hire right now. amazingly, a majority of those survey said that other countries like china and india are more supportive of small businesses and manufacturers than the united states. they cite the expense of health care and a new regulatory environment that has been too onerous. this survey was a mix of democrats and republicans. the statistics suggest even democrats and independent business owners criticize the president's policies. only 46% of those polled participants were identified as republicans. in other words, this is not a red or blue issue but a green issue. that's it. green. about money. business owners are saying loud and clear that they will not operate back to business as usual and add heads to the payroll without having some clarity in front of them. that's why we keep bringing up the fiscal cliff and the implications of going over that cliff. business wants clarity
CNBC
Sep 26, 2012 4:00am EDT
on this moment? >> well, kelly, you're right. president mahmood ahmadinejad's speech is expected for later today. it comes actually quite at an interesting time because it would be the hollywoodiest dies jewish calendar. of course, obama's speech comes at a time when the united states is facing a very difficult situation in the middle east. we saw the ongoing protests, and of course, anti-u.s. sentiment is at relatively high in terms of its historical sort of context. but again, peace is hard is what obama made very clear in his speech. a warning shot to the remaining dictators in the region. also saying that countries like bahrain, which is a neighbor to saudi arabia, the world's top oil exporter, that the reform needs to happen there as well. what a lot of observers were hoping for is that there would be more of a focus on syria and iran. president obama spent quite a bit of his speech talk about the palestinian-israeli conflict and the tensions there. but when it comes to syria, he said the united nations need to act on that front. the united states is not going to just stand by. they have to
CNBC
Sep 26, 2012 9:00am EDT
for democrats. remember, president obama's change of position on gay marriage this summer, shortly after that, he got a big check from a guy named jon stryker, architect in chicago, big supporter of gay rights, spending more than $240 million over the years. going to our number two, very little known about this man. irwin jacobs, the co-founder of qualcomm. he's retired from qualcomm, but qualcomm remains a big lobbyer in washington on lots of issues, telecome regulation, taxes, copyright law. when you look at the industries that support obama, you've got finance, health care, you've got media. all of which have done pretty well over the past four years. we're going to have the top number one today. this person over here, the mystery man, on "closing bell." we'll have also romney's biggest donors ahead on "power lunch," so stay tuned. >> that is a cruel tease, robert. i cannot believe you're going to make us wait for "closing bell" until number one. >> what's great is you're going to be surprised who that is. you'll also have a lot of surprises on the republican list. when i did this reportin
CNBC
Sep 28, 2012 6:00am EDT
the whole deal for barack obama back in 2008. >> wow. can i talk about corn? >> yes. >> thank you. go ahead. >> all right. the new report out this morning corn is already jumping on the markets because it was bullish on corn and some traders had been expecting bearish news. they've been selling off corn this week but the usda says stocks as of the beginning of september for the year are 98 # bushels. that is under a billion bushels, very low. 988 bushels. the street was expecting slightly more than 1.1 billion. that is a 12% drop from stocks a year ago with most of it from grain facilities not from the farms. corn supplies on the farm are only down slightly. perhaps as farmers are holding on to corn to meet contract commitments. soybeans, the market is mixed. it was a bearish report with ending stocks a little higher than expected at 169 million bushels. still, a 21% drop in a year. bullish wheat with stocks as of the beginning of september at a little over 2 billion bushels. only down slightly from a year ago but less than the street expected. we'll have to see how the markets react today.
Search Results 0 to 25 of about 26